=+LG 3 LG 4 P1111 Calculating initial investment Miller Dental Inc. is considering replacing its laser checking
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=+LG 3 LG 4 P11–11 Calculating initial investment Miller Dental Inc. is considering replacing its laser checking system, which was purchased 3 years ago at a cost of $568,000. The system can be sold today for $253,000. It is being depreciated using MACRS and a 5-year recovery period (see Table 4.2). A new laser checking system will cost $870,000 to purchase and install. Replacement of the laser checking system would not involve any change in net working capital. Assume a 20% tax rate.
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Principles Of Managerial Finance
ISBN: 9781292261515
15th Global Edition
Authors: Chad J. Zutter, Scott Smart
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